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Evercore: Q2 GDP, PCE data came in stronger than expected, but 'not enough to seriously challenge' expected September Fed rate cut; robust figures driven by surge of immigrant workers, strong domestic labor force participation, healthy productivity levels
Published: July 26, 2024 by Investing.com
US housing's share of GDP holds at 16.1% in Q2 2024; housing services provide 12.1% and RFI contributes 4.0%, marking the first negative contribution since Q2 2023: NAHB
Published: July 25, 2024 by National Association of Home Builders (NAHB)
Wells Fargo notes Q2 US GDP growth rate of 2.8% beat estimates, but it may be the fastest rate for foreseeable future; Citi warns against extrapolating Q2 strength to coming quarters, sees Fed cutting rates at each consecutive meeting starting September
Published: July 25, 2024 by Investing.com
US real GDP rose at an annual rate of 2.8% in Q2; increase reflected higher consumer spending, private inventory investment, and nonresidential fixed investment: BEA
Published: July 25, 2024 by U.S. Dept. of Commerce
S&P highlights 3.0% annualized worldwide economic growth in June 2023; emerging markets' PMI Output Index falls to 53.3, stable banking outlook, and shifts in EV and aviation sectors
Published: July 19, 2024 by Industry Intelligence Inc.

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